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201 W Pacific Coast Hwy - 201-231-245 W Pacific Coast Highway
1.11 Acres of Commercial Land in Long Beach, CA 90806
Investment Highlights
- Zoned CHW and SP-1-TN, perfect for mixed-used development
- 3 separate parcels of flat, buildable land spanning about 49,000 SF total (1.13 AC)
- Located within Opportunity Zone - Tax Incentives available
Executive Summary
Entitlements expired as of March 2024, giving new owners the freedom to shape this site’s future in the heart of Long Beach.
Property Facts
1 Lot Available
Lot
Lot Size | 1.11 AC |
Lot Size | 1.11 AC |
- 201 W Pacific Coast Highway -- 20,427 sf lot (APN: 7209-022-028) - 231 W Pacific Coast Highway -- 16,000 sf lot (APN: 7209-022-027) - 245 W Pacific Coast Highway -- 12,000 sf lot (APN: 7209-022-023)
Description
Prime Mixed-Use Development Site on Pacific Coast Highway in Long Beach Presenting a rare opportunity to acquire a large corner lot at 201-245 W Pacific Coast Highway, a high-traffic area with 3-sided street frontage, ideally situated just two miles from downtown Long Beach. Zoned CHW and SP-1-TN, this site offers flexibility for mixed-use development, including affordable housing. Located within a designated Opportunity Zone, investors can capitalize on substantial tax incentives, including deferred and potentially eliminated capital gains taxes, creating a compelling option for long-term real estate holdings. Entitlements expired as of March 2024, giving new owners the freedom to shape this site’s future in the heart of Long Beach.
PROPERTY TAXES
Parcel Numbers | Improvements Assessment | $2,331,293 CAD | |
Land Assessment | $5,023,131 CAD | Total Assessment | $7,354,424 CAD |
PROPERTY TAXES
zoning
Zoning Code | CHW and SP-1-TN (Mixed use land. Multifamily, retail, and commercial developments.) |
CHW and SP-1-TN (Mixed use land. Multifamily, retail, and commercial developments.) |
Presented by
201 W Pacific Coast Hwy - 201-231-245 W Pacific Coast Highway
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